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NFO

Should you Invest in IDFC Equity Opportunity Series 1 NFO?

IDFC Mutual Fund has come with a New Fund Offer (NFO) – IDFC Equity Opportunity Series 1. This is a closed ended fund which would mature in 3 Years (on April 14, 2016). IDFC Equity Opportunity Series 1 – Features: A 3 year close-ended equity fund. The fund would be redeemed on April 14, 2016 [...]

UTI Rajiv Gandhi Equity Savings Scheme NFO

Mutual Funds eligible for RGESS (Sec 80CCG)

Earlier I had written about details of Rajiv Gandhi Equity Savings Scheme (RGESS) under Section 80CCG and steps to invest in the same. Here is a list of Mutual Fund Schemes which are eligible for RGESS. Though there is no limit of how much you can invest in these schemes but the maximum benefit for [...]

FMP VS Fixed Deposit – Where to Invest?

Fixed maturity plans (FMP) are closed ended debt mutual funds which are very similar to fixed deposit by banks. These are of varying tenures like three months, six months, one and two years and rarely for three years. These schemes portfolio consists of debt securities such as Government Securities, certificate of deposit and commercial papers of [...]

IDBI India Top 100 Equity Fund – Should you Invest?

IDBI Mutual Fund has launched its second equity fund – IDBI India Top 100 Equity Fund which has opened for subscription on April 25, 2012. Investment Objective: To provide investors with opportunities for long-term growth in capital through active management of a diversified basket of equity stocks, debt and money market instruments. The investment universe [...]

Motilal Oswal MOSt Shares Gold ETF NFO – should you invest?

Motilal Oswal is the latest mutual fund house to join the gold rush by launching its gold ETF (Exchange Traded Fund) – Motilal Oswal MOSt Shares Gold ETF. This is already a crowded space with more than a dozen gold ETFs, but is Motilal Oswal MOSt Shares Gold ETF different than already existing Gold ETFs [...]

Fidelity India Value Fund – Should you invest?

Fidelity India Value Fund: Key Highlights A fund that focuses on fundamentals – the business and not the popularity or position of its stock in the market place – in order to assess the underlying worth of a company and its potential to deliver value for its investors. Long term wealth creation – helps investors [...]

Axis Equity Fund – First Equity Fund from Axis AMC

Axis Equity Fund: Fund Facts Fund objective The fund seeks long-term capital appreciation from a diversified portfolio of stocks across the market capitalization spectrum. The fund will follow a bottom-up stock-picking system and focus on growth companies with sustainable business models. NFO opening date November 11, 2009 NFO closing date December 08, 2009 Fund Manager Chandresh Nigam Benchmark Index S&P CNX [...]